Fundraising Fox

Confident Cannabis

Founded 2015 · 12 employees on LinkedIn · 5 known investors

Confident LIMS is a cloud-based laboratory information management system designed for analytical testing labs across industries including cannabis, food, agriculture, nutraceuticals, environmental, cosmetics, and industrial chemicals. The platform automates sample intake, testing workflows, compliance reporting, and client communication to accelerate lab turnaround time and maintain regulatory standards.

Also known as Confident LIMS

Investors · 5

Also in the syndicate · 2

Base VenturesGreenfield Global

Company profile

researched Aug 2026

Confident Cannabis is a Palo Alto, California software company whose principal product, Confident LIMS, is a cloud-based laboratory information management system for analytical testing laboratories and their testing clients. The platform covers sample intake, configurable testing workflows, batch templates, custom fields, automated status updates, approval chains, instrument data import, audit trails and result reporting, with the stated aim of shortening turnaround time and reducing manual steps.

Alongside the LIMS, the company has built products for the legal cannabis trade. Confident Cannabis Wholesale, launched in Oregon in October 2018, lets wholesalers, producers and retailers evaluate and transact on inventory using cannabinoid profile, terpene data, price, category and lab results. A consumer-facing application, Connect, was described as helping users explore cannabis flower by terpene and cannabinoid content. The company has also been characterized as offering a free LIMS for cannabis labs in addition to its wholesale buying and selling software.

The current platform is positioned for testing labs beyond cannabis, including food and beverage, agriculture, nutraceuticals, cosmetics and personal care, environmental, industrial chemicals, and oil and gas. Compliance functionality is aligned to ISO 17025, NELAP and state-specific accreditation requirements, with direct connections to the METRC and BioTrack seed-to-sale systems, regulatory export formats, and industry-specific features such as FSMA/LAAF hold-and-release workflows for food, USDA-formatted reports for agriculture, cGMP-oriented traceability for supplements, and MoCRA-oriented stability and microbial testing for cosmetics.

Founding story

Co-founder and chief executive Steve Albarran grew up in Mexico City, attended college in Boston and worked in New York for nine years before moving to the San Francisco Bay Area. He has said he started a cannabis company as a long-time consumer motivated by the idea of legal, ethical businesses displacing revenue from drug cartels in Mexico, with a stated company vision of an ecosystem in which every ethical cannabis business can thrive. Tony Lewis is also identified as a co-founder.

Business model

The company sells subscription access to its laboratory software to testing labs, and connects those labs to a network of testing clients who order tests and retrieve results through a client portal.

Subscriptions are priced on sample-assay volume rather than per seat, with unlimited users included on every plan. Plans are offered monthly or annually without multi-year commitments, and customers can upgrade, downgrade or cancel.

Traction

Public figures cited by the company include more than 20,000 active users, more than 5 million samples tracked and reported per year, and more than 15,000 testing clients on its network. By May 2019 the company had raised more than $18 million in total funding.

Latest developments

The company presents its platform as Confident LIMS, a multi-industry laboratory information management system, citing more than 20,000 active users and over 5 million samples processed annually, with onboarding to go-live in under six weeks and compliance tooling aligned to ISO 17025, NELAP, FSMA/LAAF, cGMP and FDA MoCRA requirements.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company describes hundreds of labs and thousands of testing clients using the platform, and positions its cannabis and hemp network of more than 15,000 business clients across North America as the leading testing network. It contrasts its unlimited-user, volume-based pricing with per-user LIMS pricing common among other vendors.

Unlimited users on all plans with volume-based rather than per-seat pricing and no multi-year contracts; a client-facing portal for self-service ordering, tracking and certificate-of-analysis access; a cross-industry configuration model; and direct seed-to-sale regulatory integrations.

Technology

A cloud-based LIMS with browser-based sample submission from any device, bulk actions, configurable workflows and quality controls, one-click bulk import from laboratory instruments such as scales, HPLCs and GCs, searchable audit trails and revision history, configurable specification limits by matrix and analyte, and integrations with METRC and BioTrack for regulatory reporting.

Go-to-market

The company markets through demo requests on its site and offers white-glove onboarding, modular configuration, data migration and free training with a stated go-live period of under six weeks from signing. Its client network is also presented as a channel through which labs reach new testing customers.

Analytical testing laboratories and their testing clients, including cannabis and hemp labs and operators, food and beverage, agriculture, nutraceutical, cosmetics and personal care, environmental, industrial chemical and oil and gas testing labs. Users cited include technicians, lab directors, quality managers and executives.

Geography

Headquartered in Palo Alto, California. Its cannabis and hemp client network spans North America, and the company describes users in labs around the world. The wholesale platform launched initially in Oregon.

History

In October 2018 the company launched Confident Cannabis Wholesale in Oregon after several years of research and development, a platform enabling supply-chain operators to trade based on lab results and product attributes; it also offered a consumer application called Connect. In May 2019 it announced a $12 million Series A led by Poseidon Asset Management, bringing total funding above $18 million, with proceeds directed to hiring across all departments and expansion across the U.S. cannabis market. The product has since been positioned as Confident LIMS, serving analytical testing laboratories across cannabis, food, agriculture, nutraceuticals, environmental, cosmetics, industrial chemicals and oil and gas.

Risks & controversies

At the time of its Series A, the chief executive said few mainstream venture capital firms were prepared to invest in the cannabis industry, describing limited access to traditional Silicon Valley capital as a constraint on fundraising.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active usersJan 202620,000 users
EmployeesJan 202611-50
Samples tracked and reported annuallyJan 20265,000,000 samples per year
Testing clients on networkJan 202615,000 clients
Total funding raisedMay 2019$18M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Confident Cannabis for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
May 2019
Confident Cannabis raises $12M Series A led by Poseidon Asset Management

The Palo Alto-based company raised $12 million in Series A funding led by cannabis venture fund Poseidon Asset Management, with participation from Bullpen Capital, Y Combinator, Greenfield Global, Base Ventures and FJ Labs, bringing total funding to over $18 million. Proceeds were earmarked for hiring across departments and U.S. market expansion.

$12M source ↗

Oct 2018
Launch of Confident Cannabis Wholesale in Oregon

The company launched a wholesale trading platform in Oregon allowing wholesalers, producers and retailers to make purchasing decisions based on cannabinoid profile, terpenes, price, category and lab results.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Confident Cannabis do?
Confident Cannabis operates Confident LIMS, a cloud laboratory information management platform for analytical testing labs.
Who are Confident Cannabis's investors?
Confident Cannabis's investors include Base Venture Management, Inc., Bullpen Capital, Innovating Capital.